Caneum, Inc (CANM.PK), a global provider of business process and information technology outsourcing services, announced that the company has recognized a significant increase in corporate revenue. This revenue can be attributed to the close of new contracts that total $4 million and the additional expansion of existing customer contracts.
Caneum’s new contracts include a deal with a major Fortune 100 company in the Insurance sector, a deal with a new Fortune 100 company in the Media and Entertainment sector, and further contract expansions with existing customers.
Suki Mudan, President of Caneum, stated, “These record new customer acquisitions and expansions in December establish a very strong backlog of business for us as we enter into 2008.”
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